52.2. The cost of electric power referred to in section 52.1 shall be established by the Régie by adding the cost of heritage pool electricity and the actual costs to the electric power distributor of the supply contracts entered into to meet the needs of Québec markets in excess of the heritage pool, or the needs to be supplied out of an energy block determined by the Government under the first paragraph of section 74.1.1 or subparagraph 2.1 of the first paragraph of section 112. The cost of electric power shall be attributed to the various classes of consumers according to their consumption characteristics, that is, utilization factors and power losses attributable to the transmission and distribution system.
For the purposes of the first paragraph, the cost of heritage pool electricity shall be established by totalling the products obtained by multiplying the consumption of heritage pool electricity attributable to each class of consumers by the cost attributed to that class of consumers, it being provided
(1) that the annual heritage pool corresponds to the net consumption by Québec markets, up to 165 terawatt-hours, exclusive of consumption under demand-side management or emergency power tariffs, consumption attributed to independent electric power systems and consumption out of the energy blocks determined by the Government;
(2) that the cost attributed to each class of consumers is based on an average heritage pool electricity cost of 2.79 cents per kilowatt-hour and corresponds
i. for the year 2000, to the cost stated in Schedule I;
ii. for subsequent years until such time as heritage pool consumption reaches 165 terawatt-hours, to the cost determined by the Régie on the proposal of the electric power distributor, based on Schedule I, changes in rate classes and the consumption characteristics referred to in the first paragraph; and
iii. for the following years, to the cost determined by the Government.
In the case of special contracts entered into under the Hydro-Québec Act (chapter H-5), the cost of electric power corresponds to the rate stipulated in the contract, less the transmission and distribution costs applicable according to consumption characteristics, and does not affect the cost to the electric power distributor applicable to other classes of consumers for the purposes of section 52.1.
The heritage pool electricity cost attributed to a class of consumers may only be modified subject to the conditions provided in section 24.1 of the Hydro-Québec Act. Subsequent to any such modification, the modified heritage pool electricity cost is the cost to be used by the Régie for the purposes of this section.
2000, c. 22, s. 15; 2013, c. 16, s. 3.